Cinven sells 40 pct of Visma to HG Capital-led group

Cinven said June 29 that it sold its 40 percent stake in Visma to an investor group led by HgCapital. Cinven said it would retain a minority stake in the group. The total transaction is valued at 4.7 billion euros ($5.36 billion). Visma provides software to SMBs in the Nordic and Benelux region. Cinven was advised on this transaction by Freshfields Bruckhaus Deringer.

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